{"schema_version":"secwatch.filing_event.v1","accession":"0000885978-24-000005","form_type":"8-K","ticker":"USPH","cik":"0000885978","company_name":"U S PHYSICAL THERAPY INC /NV","filed_at":"2024-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.146514+00:00","generated_at":"2026-06-05T09:59:19.201289+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"USPH Q4 net loss $0.7M ($0.38/share) on $17.5M impairment; FY Adj EBITDA $77.7M; 2024 guide $80-85M","bullets":["Net income FY2023 $28.2M ($1.28/share) vs $32.2M ($2.25/share) in FY2022; non-GAAP Op Results $36.3M ($2.56/share).","Record patient visits in FY2023 of 5.0M (+11.6%); total clinics 671 as of Dec 31, 2023 (46 added, 15 closed).","Q4 2023 total net revenue $154.8M (+9.6%); gross profit $30.5M; GAAP loss per share $0.38 due to $17.5M impairment.","Board raised quarterly dividend to $0.44/share from $0.43; payable Apr 5, 2024 to record Mar 12, 2024.","2024 Adjusted EBITDA guided at $80-85M; expects to offset ~$6M Medicare rate cut via rate negotiations, volume growth, & acquisitions."],"urls":{"canonical":"https://secwatch.observer/filing/0000885978-24-000005","json":"https://secwatch.observer/filing/0000885978-24-000005.json","markdown":"https://secwatch.observer/filing/0000885978-24-000005.md","text":"https://secwatch.observer/filing/0000885978-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885978/000088597824000005/0000885978-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885978/000088597824000005/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T09:59:19.201289+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"15092bf6ba63e30acb7a1e1e0a6e07f68e171815","claim":"U S PHYSICAL THERAPY INC /NV reported financial results for the fourth quarter and the full year ended December 31, 2023.","evidence_excerpt":"On February 28, 2024, – U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, reported results for the fourth quarter and the full year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/885978/000088597824000005/0000885978-24-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and the full year ended December 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}